Samco wins third Deloitte award

Samco Agricultural Manufacturing Ltd announced winners of the Deloitte Best Managed award third year running!

Samco wins Deloitte Best Managed award for third year

Samco has been named as one of Ireland’s ‘Best Managed’ companies in the Deloitte Best Managed Companies Awards Programme. The company, which demonstrated superior business performance [for the third year running, was recognised at an awards gala dinner in Dublin on 3 March 2017.

The awards event in Dublin’s Convention Centre marked the ninth year of the Deloitte Best Managed Companies awards programme, in association with Barclays Bank Ireland. The awards were attended by over 900 people from the Irish business community.

The Deloitte Best Managed Companies Awards Programme, in association with Barclays Bank Ireland, recognises indigenous Irish companies across Ireland which are operating at the highest levels of business performance. The network of 127 Best Managed Companies now employs over 60,000 people around the country and has a combined turnover of almost €11bn. Recognising the importance of overseas markets for Irish companies, the Best Managed Companies also recorded an average growth in sales of 44% over the last three years.

Commenting on the award, Robert Shine, Director of Samco said: “hard work and having a great team in the back round is the key to success for us, we are never afraid to take on new innovative challenges”.

Sixteen companies from around Ireland were awarded “Best Managed” status for the first time this year, following a detailed qualification and judging process. This took into consideration the complete performance of the business, looking beyond the finances at criteria such as operational excellence, strategy and human resource processes.

Seventeen companies were presented with a “gold standard” accolade having secured “Best Managed” status for four consecutive years. Eleven companies were also presented with a “platinum club” accolade having secured “Best Managed” status for seven consecutive years. An additional 83 companies re-qualified having upheld the standard of a Deloitte Best Managed Company, following a comprehensive review process.

“Congratulations to all the 2017 winners. All the companies here tonight are at the end of a long process of evaluation, which makes their Best Managed designation even more rewarding and valuable as a marketing tool for their business. It is clear that these companies make an invaluable contribution to the Irish economy – employing 60,000 people and generating turnover of €11bn.”

Sasha Wiggins, CEO of Barclays Bank Ireland, added:

“We believe that great people make the best companies. Behind this year’s winning companies are 60,000 people who combined have demonstrated absolute commitment to business excellence. The Barclays team is delighted to have had the opportunity to support this diverse range of inspiring companies in the development of their unique strategies and we wish them continued success in the future.”

The Deloitte Best Managed Companies Awards, in association with Barclays Bank Ireland, is open to companies from all 32 counties on the island of Ireland. It is the only awards programme that considers a business’ performance from every perspective. Details of entry for the 2017/2018 programme will be issued in the coming months on www.deloittebestmanaged.ie. The Best Managed designation is an important marketing tool for the winning companies – but, perhaps most importantly, the awards provide a reason to celebrate the efforts of the entire company.

Samco Agricultural Manufacturing Ltd, Adare, Co. Limerick.

Winners of the awards can apply to requalify as a Deloitte Best Managed Company for the next two years, following receipt of the award for the first, fourth (gold standard) and seventh (platinum club) time. Companies applying for requalification must satisfy the programme eligibility criteria and go through a requalification review process in order to ensure that the companies continue to uphold the standard of a Deloitte Best Managed Company. This year 83 companies, which have previously won the award, requalified. To view a list of these companies, please visit www.deloittebestmanaged.ie.

About Deloitte Best Managed Companies Awards

The Deloitte Best Managed Companies programme, in association with Barclays Bank Ireland, promotes and recognises excellence in Irish owned and managed companies. It is the only awards scheme on the island of Ireland that considers a business’ performance from every perspective. Entrants to the programme will compete for this designation in a rigorous and independent process that evaluates the calibre of their management abilities and practices.

Programme sponsors are Barclays Bank Ireland, the Irish Management Institute and the Sunday Business Post. For further information, visit www.deloittebestmanaged.ie. The Best Managed Companies Programme originated in Canada in 1993, where it has been run successfully ever since and is the country’s leading business awards programme. In addition to Ireland and Canada, the programme is also run in The Netherlands and Mexico.

About Barclays

Barclays is a transatlantic consumer, corporate and investment bank offering products and services across personal, corporate and investment banking, credit cards and wealth management, with a strong presence in our two home markets of the UK and the US.

With over 325 years of history and expertise in banking, Barclays operates in over 40 countries and employs approximately 130,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide. For further information about Barclays, please visit our website home. barclays.